4kodiak/iStock Unreleased via Getty Images Amazon.com, Inc. ( AMZN ) has become one of the world’s most recognizable retailers and, over the past decade, has expanded into other facets of business and daily life, including cloud hosting, media production, and as a third-party selling platform. Online retail sales (and a limited but evolving physical retail presence) turn over remarkable volume on ...
4kodiak/iStock Unreleased via Getty Images Amazon.com, Inc. ( AMZN ) has become one of the world’s most recognizable retailers and, over the past decade, has expanded into other facets of business and daily life, including cloud hosting, media production, and as a third-party selling platform. Online retail sales (and a limited but evolving physical retail presence) turn over remarkable volume on razor-thin margins, giving Amazon a strong incentive to move into higher-margin lines of business. For years Amazon famously generated no net profits, choosing instead to reinvest effectively all earnings into growing the businesses into the household name and logistics powerhouse we recognize today. But as the dominance in online retail solidifies and the business matures, the market has started to assign lower multiples to Amazon’s earnings that could reduce share price appreciation in the coming years. In this analysis, I examine if Amazon can grow revenue to power investment returns in the face of these compressed multiples or if it’s become a value trap slated to underperform market expectations in spite of continued revenue growth. AWS Commoditizes AI Compute, Seller and Advertising Services Monetize Retail Traffic Amazon Web Services (AWS) has been a tremendous growth driver for the company, with revenue more than doubling from 2021 to 2025 ($62 billion to nearly $128 billion) and margins estimated to hover around 30%. Amazon’s homegrown AI hardware and infrastructure offer a reported 30-50% lower cost per token compared to GPU (read: Nvidia ( NVDA )) instances, although they are not as powerful for cutting-edge training tasks. This positions Amazon to provide AI compute at scale for a future where AI workloads are widespread while offering tight integration with the existing AWS platform, making AI implementation possible for a wide range of small- and medium-sized enterprises that don’t have the resources to stand up their own data centers and already rely on Amazo...
Corning reported better-than-expected quarterly results but issued a middling outlook for the current quarter, halting the recent rally in optical communications stocks. Corning stock was up 92% this year as of the close of trading Monday. This optical communications segment, which has become its largest business, generated net sales of $1.85 billion in the first quarter, up 36% from a year ago.
Corning reported better-than-expected quarterly results but issued a middling outlook for the current quarter, halting the recent rally in optical communications stocks. Corning stock was up 92% this year as of the close of trading Monday. This optical communications segment, which has become its largest business, generated net sales of $1.85 billion in the first quarter, up 36% from a year ago.
Show featured pink denim and suit printed with headlines from Gabrielle Chanel’s time at resort Chanel’s honeymoon period with new designer Matthieu Blazy shows no signs of cooling. Blazy’s fifth catwalk show – on the Biarritz beachfront where young milliner Gabrielle Chanel opened a boutique in 1915 – was an irresistibly seductive love letter to the enduring allure of the double-C logo. On the da...
Show featured pink denim and suit printed with headlines from Gabrielle Chanel’s time at resort Chanel’s honeymoon period with new designer Matthieu Blazy shows no signs of cooling. Blazy’s fifth catwalk show – on the Biarritz beachfront where young milliner Gabrielle Chanel opened a boutique in 1915 – was an irresistibly seductive love letter to the enduring allure of the double-C logo. On the day before the show, sales assistants at the Biarritz boutique were holding up Chanel beach towels on the shop floor to create extra changing room space for shoppers impatient to buy jeans at €3,100 a pair. Blazy’s jeans are becoming a totem of the new Chanel, which – in aesthetic, although certainly not in price – marries high taste with an inclusive, democratic point of view. Continue reading...
Do you think Palanatir (PLTR) stock is a good long-term bet at current levels? What about at a 40% discount at about $85 per share? If you think that is a steal and have some cash ready to go, here is a trade.
Do you think Palanatir (PLTR) stock is a good long-term bet at current levels? What about at a 40% discount at about $85 per share? If you think that is a steal and have some cash ready to go, here is a trade.
OpenAI’s ( OPENAI ) highly anticipated public offering may be hitting turbulence as the artificial intelligence giant confronts a trio of challenges: missed growth targets, intensifying price competition and a potentially existential legal battle with co-founder Elon Musk. The company reportedly has fallen short of revenue and user growth projections, missing its 2025 revenue target for ChatGPT an...
OpenAI’s ( OPENAI ) highly anticipated public offering may be hitting turbulence as the artificial intelligence giant confronts a trio of challenges: missed growth targets, intensifying price competition and a potentially existential legal battle with co-founder Elon Musk. The company reportedly has fallen short of revenue and user growth projections, missing its 2025 revenue target for ChatGPT and failing to reach its goal of one billion weekly users by year’s end. The growth concerns come as Chinese competitor DeepSeek has emerged as a disruptive force in the market. DeepSeek’s latest models are priced up to 97% cheaper than OpenAI’s ( OPENAI ) equivalents, with potential backing from Tencent ( TCEHY ) and Alibaba ( BABA ) at valuations exceeding $20B. “AI models are rapidly becoming commoditized,” economist Christophe Barraud, research head at LIOR Global Partners, wrote in a blog post. “And in a commodity market, margins shrink.” Perhaps most concerning is the ongoing lawsuit filed by Musk, who argues OpenAI ( OPENAI ) betrayed its original nonprofit mission by transforming into a profit-driven enterprise. Musk is seeking remedies that could force the company to return to nonprofit status, strip leadership of control or equity and unwind commercial agreements with Microsoft ( MSFT ). A Musk victory would make a traditional initial public offering nearly impossible because public shareholders expect profit distribution and governance clarity that are incompatible with a nonprofit structure, Barraud wrote. “OpenAI still leads in brand, ecosystem, and technological capability,” he concluded. “But leadership alone may not be enough.” The odds of OpenAI ( OPENAI ) officially confirming an IPO before February and March 2027 were both 57% at the time of writing, according to prediction marketplace Kalshi. The March contract was as high as 75% in early April. More on OpenAI Wall Street Lunch: OpenAI Loosens Exclusivity In Revised Microsoft Pact Nadella's Flip-Flop OpenA...
JHVEPhoto/iStock Editorial via Getty Images A Turnaround That Is Becoming Harder To Dismiss Intel ( INTC ) is being revalued because the old story is clearly no longer valid. The market largely still likes to frame the company as a fallen PC chipmaker. That view is quickly becoming outdated. Intel reported a net revenue increase of 7% YoY to $13.6 billion in Q1. The company also reported gross mar...
JHVEPhoto/iStock Editorial via Getty Images A Turnaround That Is Becoming Harder To Dismiss Intel ( INTC ) is being revalued because the old story is clearly no longer valid. The market largely still likes to frame the company as a fallen PC chipmaker. That view is quickly becoming outdated. Intel reported a net revenue increase of 7% YoY to $13.6 billion in Q1. The company also reported gross margin and operating margin figures of 39.4 percent and negative 23.1 percent respectively. The GAAP loss reflected heavy restructuring charges. Non-GAAP net income reached $1.5 billion. The most important point is that revenue growth has returned while supply remains tight. Management was quick to point out the rapid demand growth for silicon. That matters because Intel is far more than just a cyclical PC rebound. Data Center and AI revenue rose 22% in Q1. Intel Foundry revenue rose 16%. All of this is great news in a market that is starved for AI infrastructure. This is a strong indication that investors should give more attention to the CPU side of the AI buildout. Intel CPUs Are Moving Back To The Center Of AI GPUs were basically treated as the only assets in AI for a long time. That assumption can be eroded by the rise of agentic tooling. AI inference also needs memory, networking, storage and general compute. CPUs are placed at the most critical point in the system because they can orchestrate all the work. Reuters reported that demand for Intel central processors from AI service providers was so strong in Q1 that the company sold chips it had originally written off. Intel Xeon 6 was selected as the host CPU for Nvidia DGX Rubin NVL8 systems. Intel also announced a multiyear collaboration with Google for Xeon processors across workload-optimized instances. This could be a major selling point because hyperscalers will have strong first hand knowledge of what bottlenecks appear inside real AI deployments. It is capitalizing on urgent demand the most directly through server...
Visium Technologies ( VISM ) on Tuesday said it had signed a non-binding letter of intent to acquire ConnexUS AI and secure a worldwide commercial license for the RAGböx platform, as it pivots toward enterprise artificial intelligence. The proposed deal involves nominal cash consideration and the assumption of about $350,000 in convertible notes, with most prior liabilities excluded. Visium also p...
Visium Technologies ( VISM ) on Tuesday said it had signed a non-binding letter of intent to acquire ConnexUS AI and secure a worldwide commercial license for the RAGböx platform, as it pivots toward enterprise artificial intelligence. The proposed deal involves nominal cash consideration and the assumption of about $350,000 in convertible notes, with most prior liabilities excluded. Visium also plans to separate its legacy operations from the post-closing public company. The transaction, targeted to close in the second quarter, remains subject to due diligence, definitive agreements and regulatory requirements. More on Visium Technologies, Inc. Financial information for Visium Technologies, Inc.
Thomas Berberich/iStock via Getty Images Thesis Highland Opportunities and Income Fund ( HFRO ) is one of the most controversial CEFs out there, and one of the 'cheapest' on first look, with a discount to NAV of -46%. There are good reasons for this discount, with the most cited ones being the ownership structure in HFRO and its illiquid Level 3 asset base. We last covered HFRO briefly in the begi...
Thomas Berberich/iStock via Getty Images Thesis Highland Opportunities and Income Fund ( HFRO ) is one of the most controversial CEFs out there, and one of the 'cheapest' on first look, with a discount to NAV of -46%. There are good reasons for this discount, with the most cited ones being the ownership structure in HFRO and its illiquid Level 3 asset base. We last covered HFRO briefly in the beginning of 2025, when the CEF created a new tranche of preferred equity and offered common shareholders a chance to become preferred equity holders. We are going to check the CEF performance in the past year, its valuation metrics and flows, and articulate our view on the Series B Preferred Shares ( HFRO.PR.B ). The latest performance and actions The CEF has seen its net asset value stabilize in the past year: Data by YCharts On a 1-year look-back the NAV for the CEF is down only -5.8%, a pretty stable performance for this name. Also note that we do not have very large swings in NAV either in the past year. We can also see the market aligning its view on the stabilization in the portfolio via a slightly tighter discount to NAV: Data by YCharts The discount to NAV is now 'only' -46%, and has been fairly stable since mid 2025. We can attribute this to several factors, one being the portfolio NAV stabilization. The other is the Saba investment in the common shares back in August 2025: Saba Capital Management, L.P., its general partner and founder Boaz R. Weinstein disclosed a new 5.05 % stake in Highland Opportunities and Income Fund ( HFRO ) via Schedule 13D dated 08/01/2025. The group owns 2,792,709 common shares, accumulated in open-market purchases costing about $13.93 million, based on 55.33 million shares outstanding as of 04/30/2025. This initial position has now grown to above 9% as per public filings: Saba Capital Management, its GP, and Boaz R. Weinstein jointly report beneficial ownership of 5,205,867 Highland Opportunities and Income Fund common shares, or 9.4% of th...
On April 27, CATL and HyperStrong signed a strategic cooperation agreement on sodium-ion batteries for energy storage in Ningde, Fujian. The two parties announced a three-year partnership covering 60GWh of sodium-ion battery supply, marking a significant milestone for the industrialization of sodium-ion batteries technology.
On April 27, CATL and HyperStrong signed a strategic cooperation agreement on sodium-ion batteries for energy storage in Ningde, Fujian. The two parties announced a three-year partnership covering 60GWh of sodium-ion battery supply, marking a significant milestone for the industrialization of sodium-ion batteries technology.